ρ +0.57beyond mkt +0.40holdout +0.66stable 100%robust
FAX abrdn Asia-Pacific Income Fund, Inc
- Last close
- 12.96
- 504-day return
- +1.09%
- Median $/day
- $2.1M
- Relationships shown
- 14
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
FAX vs RDFI
Both indexed to 100 at 2026-05-11.
Moves with FAX
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.52beyond mkt +0.40holdout +0.62stable 100%robust
ρ +0.56beyond mkt +0.39holdout +0.69stable 100%robust
ρ +0.54beyond mkt +0.39holdout +0.61stable 100%robust
ρ +0.53beyond mkt +0.37holdout +0.64stable 100%robust
ρ +0.49beyond mkt +0.36holdout +0.59stable 100%robust
Moves against FAX
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.47holdout +0.39stable 88%robust
horizon 10dρ +0.46holdout +0.59stable 88%robust
horizon 10dρ +0.45holdout +0.29stable 50%moderate
horizon 10dρ +0.44holdout +0.43stable 62%moderate
horizon 10dρ +0.39holdout +0.51stable 50%moderate
horizon 10dρ +0.38holdout +0.24stable 50%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ +0.52recent +0.43prior -0.09beyond mkt -0.03
Δ +0.50recent +0.62prior +0.11beyond mkt +0.03
Δ +0.47recent +0.41prior -0.06beyond mkt -0.14
Δ +0.47recent +0.63prior +0.16beyond mkt +0.11
Δ +0.47recent +0.54prior +0.07beyond mkt +0.00
Δ -0.46recent -0.34prior +0.12beyond mkt -0.02
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.
| Symbol | beyond mkt | raw ρ | shared | isolation |
|---|---|---|---|---|
| YYY Amplify CEF High Income ETF | +0.39 | +0.56 | 11 | |
| RDFI Rareview Dynamic Fixed Income ETF | +0.40 | +0.57 | 17 | |
| TEI Templeton Emerging Markets Income Fund | +0.39 | +0.54 | 17 | |
| ISD PGIM High Yield Bond Fund, Inc. | +0.36 | +0.51 | 16 | |
| EDD Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. | +0.40 | +0.52 | 19 | |
| ACP abrdn Income Credit Strategies Fund | +0.36 | +0.49 | 19 |